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Malibu council endorses $395 million SMMUSD bond for Malibu-only facilities improvements

Malibu City Council · September 24, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The council unanimously approved a resolution supporting the Santa Monica–Malibu Unified School District’s $395 million general obligation bond (Malibu-only portion) to appear on the Nov. 5 ballot; speakers representing the measure emphasized local oversight and audits and said all funds would remain in Malibu.

The Malibu City Council voted unanimously on Sept. 23 to endorse a Santa Monica–Malibu Unified School District general obligation bond measure that would place $395 million on the Nov. 5 ballot for capital improvements serving Malibu schools.

Staff presented a short report noting the bond is limited to the Malibu facility improvement district, requires a 55% voter threshold, and would fund…

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